Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced the 2018 exploration program for its Cobalt Camp properties in Ontario, Canada. Included in the C$7 million program is over 26,000 meters of drilling encompassing 13 unique targets. As noted in the update, the 2018 program marks a significant expansion over 2017 exploration activities, as the company aims to test mineralized areas throughout the Cobalt Camp proximal to more than 10 past-producing mines. “Having consolidated the Cobalt Camp land package, the objective of the 2018 drill program is to use our strong treasury to blanket the Camp, testing the near-surface potential of many areas with different styles of mineralization and diverse geological settings that have never been assessed for their cobalt content,” Trent Mell, president and chief executive officer of First Cobalt, stated in the news release. “In addition to Keeley-Frontier, twelve new properties will be drilled on our 100 km2 land package, including Bellellen, Drummond, Silver Banner and Silverfields.”
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About First Cobalt Corp.
First Cobalt is the largest land owner in the Cobalt Camp in Ontario, Canada. The Company controls over 10,000 hectares of prospective land and 50 historic mines as well as a mill and the only permitted cobalt refinery in North America capable of producing battery materials. First Cobalt began drilling in the Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities. For more information, visit www.FirstCobalt.com
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